MSME

Micro Small & Medium Scale Enterprises

Different Types of MISME

Micro Enterprises

Under micro manufacturing enterprises, the smallest entity, the investment should be less than Rs. 25 Lac in plant and machinery, whereas, the investment in micro service enterprises should not exceed Rs. 10 Lac.

Small Enterprises

In small manufacturing enterprises, the investment should be between Rs. 25 Lac and Rs. 5 Crores in plant and machinery, while in small service enterprises the investment limits between Rs. 10 Lac and Rs. 2 Crores.

Medium Enterprises

In medium manufacturing enterprises, the investment should be between Rs. 5 Crore and Rs. 10 Crores in plant and machinery, and for medium service enterprises it should be between Rs. 2 Crore and Rs. 5 Crores.

Documents Required

  • Passport Size Photo
  • PAN and Aadhar Card Of Owner(s)
  • Company Documents
  • Religion and Caste Details*
  • Turn Over Details

Frequently Asked Questions

Cheaper bank loans

The rate of interest on loan offered to MSMEs is 1-1.5% lower compared to typical business loan interest.

Easy access to credit

PM Modi has introduced the Mudhra Loan scheme, which provides loans to MSME / SSI without collaterals.

Quicker approvals from government bodies

Business registered under MSME are given higher preference in terms of government license and certification.

Tax rebates

MSME / SSI registered businesses enjoy multiple income taxes and capital gains tax subsidies from the government.

Cheaper infrastructure

Charges are lower for MSME registered company for facilities such as electricity and VAT exemptions. In fact, other business services such as patents are also cheaper for MSMEs.

Access to tenders

There are multiple government tenders which are open only to MSMEs to promote small business participation in india

Our Services

GET THE BROCHURE Download the pdf file of latest update for this service.

Need Help ?

Please feel free to contact us. We will get back to you with 1-2 business days. Or just call us now

+91 88028 12345
connect@taxaj.com

×

Hello!

Click one of our representatives below to chat on WhatsApp or send us an email to shivesh@taxaj.com

×